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Oceanfreight Inc

OceanFreight Inc. Announces Date for the Release of Third Quarter Results

OceanFreight Inc. (NASDAQ: OCNF), a NASDAQ listed bulk shipping company announced that it will release its results for the third quarter period ended September 30, 2007 after the close of the market in New York on Wednesday, October 24, 2007. The declaration of the Company’s dividend for the third quarter of 2007 will also be announced at that time. On Thursday, October 25, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.


DryShips and OceanFreight Complete Merger

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DryShips Inc. (NASDAQ: DRYS) and OceanFreight Inc. (NASDAQ: OCNF) announced today that following approval by OceanFreight's shareholders at a special meeting, the companies have completed the merger and OceanFreight has become a wholly-owned subsidiary of DryShips. Under the terms of the merger agreement, OceanFreight shareholders will be entitled to receive $11.25 in cash and 0.52326 of a share of common stock of Ocean Rig UDW Inc


Woodland Support Cycling Submariners

Woodland International Transport got on its bike to sponsor a team of engineering undergraduates by shipping their pedal-powered submarine to and from the United States. Inspired by penguins' swimming technique, the University of Bath students created a submarine called the SeaBomb, powered by a pilot who pedals on a machine similar to an exercise bike. Woodland shipped the vessel to the USA where it participated in the 9th International Submarine Races


OSMA Elects New Officers

The Offshore Marine Service Association (OMSA) has elected Andy Brauninger, president of Seabulk Offshore, Ltd., as chairman of the board and Milton Rose, president of SEACOR Marine, Inc., has been elected vice-chairman of the association. OMSA’s new secretary/treasurer is Minor Cheramie, Jr., president of L&M Botruc Rentals, Inc. Also elected to the OMSA board of directors are: Van C. De Witt, vice-president and COO of Sea Mar Management, Inc


OceanFreight Inc. New Charter

OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne transportation services for both drybulk and energy commodities, announced a new charter for the recently acquired 180,000DWT, 2005 built capesize vessel. Upon delivery, the vessel will be renamed M/V Montecristo and will commence employment on a time charter for a minimum period of four years at a gross rate of $23,500 per day and a maximum of eight years at an average gross rate of $24,125 per day for the optional period.


CEVA Holdings 2Q, 2014 Results

  CEVA Holdings LLC, one of the world’s leading non‐asset based supply chain management companies, today reported results for the three months ended 30 June 2014.   Xavier Urbain, CEO of CEVA, said, “Our performance improvement coupled with the strong increase in our new business pipeline points to the company being on the right track for growth. Since joining CEVA in January, I have focused on strengthening the executive management team


Keppel Philippines Appoints New Execs.

Keppel Corporation Ltd.'s Group Finance Director, Teo Soon Hoe has been appointed Chairman of Keppel Philippines Holdings, Inc (KPH), following the retirement of Loh Wing Siew. Charles Foo, who currently serves as the managing director of Keppel Hitachi Zosen, will assume Loh's post as Chairman of Keppel Philippines Marine, Inc (KPMI) and Subic Shipyard and Engineering Inc (SSEI). Kevin Wong, who is the executive director and managing director of Keppel Land Limited (Keppel Land) in


Gilman Named DMT Chairman of the Board

Deep Marine Technology, Inc. announced the election of Bruce C. Gilman to Chairman of the Board. A businessman with CEO level management expertise, Gilman’s four decade Subsea Career is highlighted with professional accomplishments such as President of both Perry Offshore & Oceaneering International Inc.; President and Founder of Sonat Subsea Services; President, CEO & Director of Sonsub Inc., and Chairman and President of Saipem Inc., the US Subsidiary of Saipem SpA.


Lloyd's Register New Regional HQ, Houston

Lloyd’s Register Americas, Inc. has moved its Houston-area operations to a new regional headquarters to capitalise on the growing opportunities arising from the new regulatory regime in the Gulf, a thriving merchant marine business and concerns about global warming.   The move, which has consolidated five separate businesses under one roof, responded to greater market demand for integrated technical solutions in the increasingly interdependent and complex marine and energy sectors


Free Research Reports on Selected Companies by Analysts' Corner

Analysts' Corner release new research reports highlighting Trinity Industries, Inc., Nordic American Tankers Limited ), J.B. Hunt Transport Services, Inc., SEACOR Holdings, Inc.), and DryShips Inc. Readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Trinity Industries, Inc. Research Report Available at: [http://www.analystscorner.com/r/full_research_report/39ee_TRN ]


Crowley to Christen 3rd LNG-ready Product Tanker

Louisiana (Photo: Crowley)

Crowley Maritime Corp. announced it will hold a christening ceremony Thursday, May 5 in New Orleans for the newly built Louisiana, the company’s third of four new Jones Act product tankers.   The 600-foot-long, 50,000-dead-weight-ton (dwt), 330


MHIA Relocates to Houston

Photo courtesy Mitsubishi Heavy Industries America, Inc

Today Mitsubishi Heavy Industries America, Inc. (MHIA), a Group company overseeing the business of Mitsubishi Heavy Industries, Ltd. (MHI) in North America, commenced full-scale operations at its newly relocated Head Office in Houston, Texas, following a move from its previous base in New York.


Eastern Delivers 63rd Towboat for Florida Marine

M/V Lawrence Campbell (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. delivered the M/V Lawrence Campbell (Hull 193) on April 12, 2016, the 63rd 90-foot inland towboat to Florida Marine Transporters, LLC of Mandeville, La., continuing its ongoing newbuild program.   It was in early 2015, when Florida Marine Transporters


Crowley Christens Third LNG-ready Product Tanker

Carrie Templin christens Crowley’s new product tanker Louisiana in New Orleans (Photo: Crowley)

Crowley Maritime Corporation christened the third of four new LNG-ready Jones Act product tankers at a May 5 ceremony at the Julia Street Cruise Terminal in New Orleans.   The 600-foot-long, 50,000-dead-weight-ton (dwt), 330,000-barrel-capacity MT Louisiana is capable of carrying crude oil


CMAXS Installed on Two Rosy Star Ocean Vessel Management Ships

Photo: Class NK

ClassNK Consulting Service’s software solutions ClassNK CMAXS PMS and ClassNK CMAXS SPICS have just been installed on two ships managed by Manila-based Rosy Star Ocean Vessels Management Co., Inc., marking the first adoption by clients outside of Japan.


Eastern Cranking Out Escort Tugs

Neptune (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. delivers the escort tug Neptune to Suderman & Young Towing Company and launches the Escort Tug David B to Bay-Houston Towing Co.   Eastern Shipbuilding Group, Inc. has delivered the escort tug Neptune (Hull# 237) on March 28, 2016


14 Appointed to NOIA Board

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The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC.   Appointed to first term on the Board of Directors: Galen Cobb, Vice President Industry Relations, Halliburton


Oceaneering Wins NOIA Safety Award

NOIA Awards Image NOIA

The National Ocean Industries Association (NOIA) today named Oceaneering International, Inc. as the recipient of the 2016 Safety-in-Seas (SIS) Safety Practice Award.  Kevin McEvoy, CEO of Oceaneering International, accepted the award at the NOIA annual meeting in Washington, DC.  


VLCC Gener8 Nautilus Delivered

Gener8 Maritime, Inc., a U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the ECO VLCC the Gener8 Nautilus on April 20, 2016 from Hyundai Samho Heavy Industries Co., Ltd. The Gener8 Nautilus represents the ninth of 21 ECO VLCCs


Canada Non-resource Exports to Surge in 2016

Canadian non-resource exports should post healthy gains this year, the country's trade financing agency said on Monday, a development the central bank is counting on to help revive an economy hobbled by weak global energy prices.   Export Development Canada predicted the consumer goods


Ice Navigation System Selected for Magne Viking

Magne Viking (Photo: Rutter)

Rutter Inc. announced that Viking Ice Consultancy selected the sigma S6 Ice Navigator system for installation on the Magne Viking, the first vessel to comply with the International Maritime Organization (IMO) Polar Code approved by DNV GL.   


ST Engineering Injects $66m into VT Systems

Courtesy ST Engineering

Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has injected US$66m (approximately S$89m) into the capital of its US Headquarters, Vision Technologies Systems, Inc. (VT Systems), for the repayment of bank loans


Matson Announces Q2 Dividend of $0.18/Share

The Board of Directors of Matson, Inc. today declared a second quarter dividend of $0.18 per common share. The dividend will be paid on June 2, 2016 to all shareholders of record as of the close of business on May 12, 2016.


Keppel Acquires LeTourneau

Keppel Offshore & Marine (Keppel O&M), through its wholly owned subsidiary, Keppel Offshore & Marine USA, Inc., has completed the acquisition of Cameron International Corporation's offshore product division, which comprises the LETOURNEAU jackup rig designs, rig kit business


Maersk Line Names Hahnemann Chief HR Officer

On August 1, 2016, Ulf Hahnemann, current Vice President for Strategic Programs at Mars Inc. will join Maersk Line as Chief Human Resources Officer (CHRO) and be part of the management board of Maersk Line.   Maersk Line’s current Chief Human Resources Officer, Michael Chivers






 
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